European Politics

Their argument would hold if they recognized national defense as a public good rather than a profit center. As it stands, a continent fixated on juicing sales figures is not going to formulate an optimal security strategy. Its just going to become a new ballooning budget hole that feeds into the pockets of middlemen.

There's a huge difference between addressing a security concern and following a perverse incentive. And when politicians can profit from a crisis, you're going to see new existential threats to Europe springing up as fast as business leadership can engineer it.